Saddam Financed Palestinian Bombers: UN, France Complicit
Each day shines new light on those who wanted to leave Saddam alone in all his degradation and malevolence so they could continue to share the booty. The Pittsburg Tribune-Review reports that a French bank may have been facilitated Saddam's corruption:
NEW YORK -- Saddam Hussein diverted money from the U.N. oil-for-food program to pay millions of dollars to families of Palestinian suicide bombers who carried out attacks on Israel, say congressional investigators who uncovered evidence of the money trail.
The former Iraqi president tapped secret bank accounts in Jordan -- where he collected bribes from foreign companies and individuals doing illicit business under the humanitarian program -- to reward the families up to $25,000 each, investigators told The Associated Press.
Documents prepared for a hearing today by the House International Relations Committee outline the new findings.
Today's hearing, however, will focus on a French bank that handled most of the money for the program. An audit by a U.S. regulatory agency of a small sample of transactions out of the $60 billion U.N. escrow account managed by BNP-Paribas has raised serious questions concerning the bank's compliance with American money-laundering laws, investigators said.
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